Luis Arce takes power after landslide win for Movement for Socialism, but experts predict bumpy road ahead
Bolivia’s new president, Luis Arce, has vowed to rebuild his country’s battered economy, revive ties with leftwing neighbours and serve one term only, as he prepared to take office after October’s landslide election.
Speaking to the Guardian before his inauguration on Sunday, the UK-educated economist was cautious about characterising his victory as proof that Latin America’s leftwing “pink tide” of the early 2000s was bouncing back after a period of rightwing dominance. Since 2018 the left has returned to power in Mexico and Argentina, while a leftwing economist is well placed to win Ecuador’s presidential election in February.
Continue reading…Luis Arce takes power after landslide win for Movement for Socialism, but experts predict bumpy road aheadBolivia’s new president, Luis Arce, has vowed to rebuild his country’s battered economy, revive ties with leftwing neighbours and serve one term only, as he prepared to take office after October’s landslide election.Speaking to the Guardian before his inauguration on Sunday, the UK-educated economist was cautious about characterising his victory as proof that Latin America’s leftwing “pink tide” of the early 2000s was bouncing back after a period of rightwing dominance. Since 2018 the left has returned to power in Mexico and Argentina, while a leftwing economist is well placed to win Ecuador’s presidential election in February. Continue reading…